Furniture Market, Romania, 2002 - 2011

InterBiz Research & Consulting
February 27, 2007
90 Pages - SKU: INBZ1465280
License type:
Countries covered: Romania

Furniture market in Romania is on the way to explode. Between 2002 and 2006, furniture market registered a “two-digit” growth, and the forecast for 2011 show the same accelerate evolution reaching EUR 1.1 billion in retail.

In Romania the mid-range furniture is dominant, but in the near future the market will polarise into lower quality/price and higher quality/price sectors. This fact still offers good opportunities for many players. According to InterBiz Group estimates, over the period 2002 - 2006, premium furniture (high end price) registered the highest growth rate due to increasing purchasing power and a greater offer originated from import.

The retailing of household medium furniture (middle price) became more contracted around top 5 players which increased their share in 2006. This is the result of increasing investments in retail chains of Mobexpert, Elvila and Staer. Romanian furniture manufacturers cover about half of domestic sales.

The year 2007 will bring the multinational on domestic market, which will increase competition. Thus, in March 2007, the first Ikea will be opened with an investment of EUR 25 million on 26,000 sq.m. This will influence local manfucaturers and the trend of “ready-to-assemble” furniture will emphasise. Furniture market in Romania witness significant change and offer great opportunities. The differences between Romania and EU countries are huge. For household furniture, Romanians spent 10 times lower than average of EU 25.



More Romania Furniture Reports

Furniture - Romania by Global Research & Data Services
This market research report offers an in-depth perspective on the actual market situation, trends and future outlook for furniture in Romania. The analysis provides essential ...

Home Furniture and Homewares Retailers in Romania by Datamonitor
Introduction Datamonitor's retail databooks are based on key market value data for eight major sectors, 16 core retail distribution channels and 62 countries. This profile focuses ...

Furniture and Floorcoverings Retailing in Romania by Datamonitor
Introduction Datamonitor's retail databooks are based on key market value data for eight major sectors, 16 core retail distribution channels and 62 countries. This profile focuses ...

Furniture & Floor Coverings Retailing in Romania: Market Databook to 2015 by iCD Research
This report is the result of ICD Research’s extensive market research covering the Furniture & Floor Coverings in Romania. It provides detailed historic and forecast ...

Home Furniture and Housewares Retailers in Romania: Market Snapshot to 2015 by iCD Research
ICD Research's Home Furniture and Housewares Retailers in Romania: Market Snapshot to 2015 is the easiest way to find the headline figures for the category. ...

See all reports like this >>

More Romania Reports

D&B Country RiskLine Report: Romania by Dun & Bradstreet Inc.
This D&B Country RiskLine Report will help you analyze the risks, opportunities and likely payment delays when doing business in this country. It includes ...

Romania This Week by Intellinews
Weekly report on the most significant economic, business, financial markets and political issues and events propelling the Romanian ...

Romania This Week by Intellinews
Weekly report on the most significant economic, business, financial markets and political issues and events propelling the Romanian ...

Romania This Week by Intellinews
Weekly report on the most significant economic, business, financial markets and political issues and events propelling the Romanian ...

Romania This Week by Intellinews
Weekly report on the most significant economic, business, financial markets and political issues and events propelling the Romanian ...

See all reports like this >>